Audo A/SAktiv

Audo is a Danish design brand, based in Copenhagen, with a simple yet significant purpose: to enrich modern living through designs that connect individuals creatively, comfortably, and functionally. Since 1978, we have harnessed the skills of top designers and craftspeople around the world to create contemporary furniture, lighting and accessories that are clean, clever, and natural, infusing a sense of calm through high-quality materials in minimalist silhouettes. By connecting the dots between home, work and hospitality, our design redefines how we use space and, ultimately, how we connect to those around us. Among others, the company hold all rights to a unique product portfolio created by Danish designers Mogens Lassen, Flemming Lassen and Ib Kofod-Larsen. We also hold the rights to a portfolio of products created by international designers as for example, Norm Architects, Colin King and Anderssen & Voll. With an iconic portfolio of historic designs, along with diversified contemporary products, the company serves a broad customer base. The products are sold to the end user through retailers and wholesalers in more than 60 countries. Audo has a strong presence in Northern European and in the US market.

Development in activities and finances 2025 marked a year of gradual demand normalization, resulting in an increase in revenue for the first time in three years. The year also marked the implementation of a new and ambitious three-year strategy, establishing a strategic focus on Audo’s brand, product innovation, and international expansion. Overall, Audo delivered resilience in a year with unpredictable market situations which proves the continuing appeal of Audo and the strength and relevance of our brand. Building on the conditions experienced in 2024, throughout 2025 we operated in an environment marked by high inflation, geopolitical tensions, and rising costs and customs duties. These macroeconomic factors had a significant impact on both demand and cost levels during the year. In 2025, Audo completed the go-live of a newly implemented ERP system. The implementation resulted in additional costs during the year, which were in line with management’s expectations. Revenue increased by 5 percent to DKK 319 million compared to DKK 304 million in 2024. The gross profit margin increased by 6 percentage points to 22 percent in 2025, compared with 16 percent in 2024, driven by higher revenue and a continued focus on margin improvement and cost management. Profit/(loss) before depreciation (EBITDA) improved from a loss of DKK (9) million in 2024 to a profit of DKK 9 million in 2025. Operating profit/(loss) (EBIT) improved from a loss of DKK (24) million in 2024 to a loss of (7) million in

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